The duo today (Feb 24) confirmed the strong commitment as part of a new agreement that will boost the availability of hydrogen fuel to both light-duty and heavy-duty vehicles, respectively.
Each fuelling site will be located at Chevron-branded retail locations, with a proportion of the proposed sites set to receive hydrogen supply from the oil company’s Richmond refinery and future hydrogen production from pilots in Northern California.
Iwatani will operate and maintain the hydrogen fuelling sites and provide hydrogen supply and transportation logistics services.
Andy Walz, President of Americas Fuels and Lubricants at Chevron, said, “Chevron believes that hydrogen has the potential to assist in lowering the carbon emissions of the transportation sector and other hard-to-decarbonise industries.
“We are excited to work with Iwatani to advance the entire hydrogen transportation value chain from production to consumer purchase in order to help our customers lower their lifecycle transportation carbon intensities.”
Joseph Cappello, Chairman and CEO of Iwatani Corporation of America, added, “This extensive collaboration between Iwatani and Chevron demonstrates our shared vision and commitment to support the decarbonisation of transportation.
“Together, Chevron and Iwatani will establish one of the most robust, vertically integrated supply and infrastructure ecosystems in California and is a model that can be replicated to other markets.”
Chevron has said it will fund the construction of each refuelling site.